Financial Daily from THE HINDU group of publications
Wednesday, September 03, 2003
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Financial Daily from THE HINDU group of publications Wednesday, September 03, 2003 |
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MONEY & BANKING INSIGHT 
Measuring bank efficiency: Productivity versus profitability"... the driving force in the path ahead will be the immense capabilities that we possess in terms of human resource. In the years to come the `human bias' is likely to get stronger and the quality of human resource would become the cutting ... More
Greenspan pooh-poohs inflation targeting FOREX Rupee closes lower; gilts continue to fall MUMBAI: The rupee lost some its sheen with no dollar inflow on Tuesday on account of the US markets remaining closed on Monday. The domestic currency ended the day at 45.875/885 against the dollar, four paise down from Monday's close of ... More INFORMATION TECHNOLOGY South Indian Bank unveils Net facility BONDING tradition with technology, the Thrissur-based South Indian Bank has launched its Internet banking facility, Sibernet. This facility was launched by Mr Yousaf Ali, Managing Director of EMKE group, UAE, at Thrissur, in the presence of Mr ... More
Union Bank of India getting tech-savvy SOFTWARE BillDesk upbeat; sees break-even next year THE market for e-payment solutions is warming up. BillDesk is strategically positioned to address the growing acceptance of e-payment model in the Indian banking sector. Founded in 1999, BillDesk has 11 major banks in its fold including State ... More LIFE INSURANCE `Unitised with profits' policy from SBI Life SBI Life Insurance Company proposes to launch a `unitised with profits' policy soon, the company's Managing Director, Mr R. Krishnamurthy, told Business Line. He said that the market was witnessing a preference for unit-linked products. ... More
GENERAL INSURANCE Catholic Syrian Bank eyes non-life insurance sector THRISSUR-based Catholic Syrian Bank (CSB) proposes to solicit or procure insurance business `of all kinds' and to act as agent of insurance companies for distribution of insurance products on fee basis. The director board has listed this as ... More DERIVATIVES MARKETS More PSB activity in forex options likely "Options trading will pick up as soon as there are signs of volatility. Soon there will be many more banks to run their books on this product," says Mr Rohit M. Desai, Executive Director, IOB. More HUMAN RESOURCES IOB to recruit 150 officers via agency INDIAN Overseas Bank (IOB) has plans to recruit 150 officers during the current fiscal. Unlike Andhra Bank, which has picked B-school graduates off-campus, IOB has entrusted the job to an agency for identifying the right candidate, its Chairman ... More PRIVATE BANKS IFC move not to impact search for partner: GTB INTERNATIONAL Finance Corporation (IFC), Washington, one of the key foreign stakeholders in Global Trust Bank (GTB), has initiated the process of offloading its holding in the bank through open market sale. IFC, which had equity stake of 10.38 ... More PUBLIC SECTOR BANKS FOREIGN BANKS Bank of Nova Scotia shines in gold biz IN the bullion market where banks operate on wafer-thin margins, few have been able to get a foothold, but Bank of Nova Scotia has managed to maintain market leadership in the business over the years. "Our bank accounts for 25 per cent of the ... More GOVT BONDS NON-PERFORMING ASSETS Chennai floating dock to be auctioned IN a bid to make a complete exit from its multi-crore exposure in a floating dock set up by the Jagdish Chokhani-promoted Chokhani group at Chennai about 10 years ago, a consortium led by ICICI Bank has decided to put up the floating dock for an ... More Comments & Letters to the Editor to: bleditor@thehindu.co.in Subscribe to: Business Line |
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Top Stories In Focus Cola Controversy The Cable tangle Pakistan Diary Indo-Pak Monitor Indo-China Relations Telecom Competition In Depth In Kashmir Simple Economics Slowburn Tax Talk NRIs & Investment Avenues Corporate Governance Looking back Aug. 24-Aug. 30 PSBs oppose freeing of SB rate Time rural credit got better attention Caution on home loan rates Aviva Life launches policy for rural poor Forward cover must for FCNR loans Funding agencies bet on NBFCs Rising auto exports add to forex kitty |
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